U.S.
Duty-free shops struggle to make ends meet as Canadians steer clear of U.S.
If business doesn’t pick up soon at his duty-shop, Éric Lapointe says he’s going to have to lay people off. “I’ve had three customers today so far,” the store owner told As It Happens host Nil Kӧksal on Friday afternoon. “It’s a fraction of what we normally have at this time of the year.” Lapointe says business is down 60 per cent over the same time period last year at the Boutique Hors Taxes de la Beauce near Quebec’s border with Maine. He’s not alone. Duty-free shops across the country,Read more
Carney warns of ‘tough days ahead’ as tariffs make U.S. recession ‘likely’
Donald Trump’s latest round of tariffs is only a few days old, but the havoc they’re already exerting on the global economy points to upcoming “pressure” on Canada’s employment levels, Liberal Leader Mark Carney is warning. Wednesday’s announcement of new tariffs on imports into the United States from dozens of countries — along with starting the 25 per cent levy on “all foreign-made” vehicles — brought “greater certainty,” Carney said Saturday, about both the U.S. president’s ambitions for tariffs and the repercussions for Canada. “We can expect pressure on employment in this economy,” he said during a campaign stop inRead more
America alone: What the U.S. is exiting on the global stage
President Donald Trump, in his first three weeks in office, has made a number of moves to reduce the U.S. footprint on a number of multilateral efforts around the globe and its presence in international organizations and alliances. The Trump administration appears focused on severe, immediate workforce reductions to Washington’s primary humanitarian aid agency, the U.S. Agency for International Development (USAID), according to multiple reports. Meanwhile, while the U.S. is not a member of the International Criminal Court (ICC), the White House’s decision to apply some sanctions to some ICC staffRead more
NATO chief chides Ukraine allies for delays that helped Russia
NATO countries haven’t delivered what they promised to Ukraine in time, the alliance’s chief said Monday, allowing Russia to press its advantage while Kyiv’s depleted forces wait for military supplies to arrive from the U.S. and Europe. “Serious delays in support have meant serious consequences on the battlefield” for Ukraine, NATO Secretary-General Jens Stoltenberg told a news conference in Kyiv with Ukrainian President Volodymyr Zelenskyy. Outgunned, Ukraine’s troops have struggled to fend off Russian advances on the battlefield. They were recently compelled to make a tactical retreat from three villagesRead more